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Nonprofiteer
← STELLARIS HEALTH NETWORK

Form 990 for tax year 2023

Filed by STELLARIS HEALTH NETWORK.

Totals

Total revenue
$101,980
Total expenses
$119,556
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$101,980
Other revenue
$0
Total assets, end of year
$2,974,882
Total liabilities, end of year
$118,687
Net assets or fund balances, end of year
$2,856,195
Program services expenses (Part IX)
$99,990
Management and general expenses
$19,566
Fundraising expenses
$0
Program service expenses (Part III)
$99,990

Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $101,980 · excluded $101,980

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $199 · program services $2 · management and general $197

  • 11c · Fees: accounting

    total $29,694 · program services $24,483 · management and general $5,211

  • 13 · Office expenses

    total $4,395 · program services $1,513 · management and general $2,882

  • 16 · Occupancy

    total $4,800 · program services $3,902 · management and general $898

  • 23 · Insurance

    total $31,755 · program services $31,120 · management and general $635

  • 24a · Other expenses: PAYROLL ALLOCATION

    total $48,713 · program services $38,970 · management and general $9,743

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $250 · end of year $250

  • 2 · Savings and temporary cash investments

    beginning of year $2,968,392 · end of year $2,937,165

  • 4 · Accounts receivable

    beginning of year $16,446 · end of year $16,446

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,442 · end of year $21,021

  • 17 · Accounts payable and accrued expenses

    beginning of year $127,030 · end of year $112,426

  • 25 · Other liabilities

    beginning of year $5,729 · end of year $6,261

  • 27 · Net assets without donor restrictions

    beginning of year $2,873,771 · end of year $2,856,195

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

HEALTHSTAR NETWORK INC. D/B/A STELLARIS HEALTH NETWORK'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE COMMUNITY BY PROVIDING MANAGEMENT AND SUPPORT SERVICES TO ITS AFFILIATED HOSPITAL ORGANIZATIONS: NORTHERN WESTCHESTER HOSPITAL ASSOCIATION, LAWRENCE HOSPITAL CENTER, WHITE PLAINS HOSPITAL MEDICAL CENTER AND PHELPS MEMORIAL HOSPITAL ASSOCIATION.

Activities or mission (Part I)

HEALTHSTAR NETWORK INC.'S PRIMARY PURPOSE IS TO SUPPORT THE COMMUNITY BY PROVIDING MANAGEMENT AND SUPPORT SERVICES TO ITS AFFILIATED HOSPITAL ORGANIZATIONS.

  • SEE SCHEDULE O IN AUGUST OF 1996 HEALTH STAR NETWORK, INC. D/B/A STELLARIS HEALTH NETWORK WAS FORMED BY WHITE PLAINS HOSPITAL CENTER (WHITE PLAINS, NY) AND NORTHERN WESTCHESTER HOSPITAL ASSOCIATION, (MT. KISCO, NY). IN RECOGNITION OF DRAMATIC CHANGES OCCURRING IN THE REGIONAL HEALTH CARE MARKETPLACE, HEALTHSTAR WAS CREATED TO PARTNER LIKE-MINDED HEALTHCARE ENTITIES. THESE ORGANIZATIONS RECOGNIZED THE VALUE OF COLLABORATION, SYNERGY, AND LEVERAGE, AND DETERMINED TO FORM AN ALLIANCE TO IMPROVE HEALTH QUALITY AND PERFORMANCE, AND REDUCE COSTS. STELLARIS HEALTH NETWORK THE REGION'S FIRST COMMUNITY HOSPITAL NETWORK, EVOLVED OUT OF THE MEMBER ORGANIZATION'S SHARED VISION TO MAINTAIN LOCAL DECISION MAKING AND DELIVERY OF HIGH QUALITY HEALTH CARE SERVICES. IN MARCH, 1997 LAWRENCE HOSPITAL CENTER (BRONXVILLE, NY) JOINED THE NETWORK AND IN OCTOBER 1997 PHELPS MEMORIAL HOSPITAL ASSOC. (SLEEPY HOLLOW, NY) FOLLOWED SUIT. IN 2000, THE NETWORK SPONSORED THE FORMATION OF AN EMERGENCY MEDICAL SERVICES (EMS), WHICH PROVIDES MUNICIPAL PARAMEDIC SERVICES TO NEARLY ONE THIRD OF WESTCHESTER COUNTY, NY. IN ADDITION, STARNET EMERGENCY SERVICES (TRADE NAME-WESTCHESTER EMS) ALSO PROVIDES AMBULANCE AND RELATED SERVICES FOR THE NETWORK INDIVIDUAL CLIENTS AND OTHER NON-AFFILIATED INSTITUTIONS.IN 2001, HEALTHSTAR NETWORK, INC. BEGAN OPERATING UNDER THE TRADE NAME OF STELLARIS HEALTH NETWORK. STELLARIS REPRESENTS THE STELLAR LEVEL OF CARE AND SERVICES WE STRIVE TO DELIVER, AND POETICALLY REFER TO THE GROWING CONSTELLATION OF AFFILIATES IN OUR NETWORK. BASED IN ARMONK, NY, STELLARIS HEALTH NETWORK WAS MANAGED BY SHARON M. LUCIAN, PRESIDENT AND CEO. TOGETHER THE ORGANIZATION SET AN AGENDA FOR WORKING TOGETHER TO ACCOMPLISH GOALS THAT ALONE WOULD BE MORE DIFFICULT (OR IMPOSSIBLE) TO ACHIEVE. AMONG THE MOST IMPORTANT INITIATIVES, THE ORGANIZATION ENVISIONED THE DESIGN AND INSTALLATION OF A HIGH QUALITY INFORMATION TECHNOLOGY INFRASTRUCTURE. OTHER CORE OBJECTIVES INCLUDED REDUCTION OF EXPENSES THROUGH SUPPLY CHAIN CENTRALIZATION INITIATIVES, SHARING OF BEST PRACTICES TO IMPROVE THE QUALITY OF SERVICES AND CLINICAL CARE OFFERED TO OUR PATIENTS. STRATEGIC GOALS FOR STELLARIS INCLUDED COST REDUCTION INITIATIVES SUCH AS SUPPLY CHAIN MANAGEMENT OF CONSOLIDATED BUSINESS FUNCTIONS SUCH AS JOINT INSURANCE PROCUREMENT PROGRAMS, HIPAA COMPLIANCE, THE IMPLEMENTATION OF A STATE OF THE ART INFORMATION SYSTEM AND CLINICAL INITIATIVES SUCH AS THE SPONSORSHIP OF AN EMERGENCY MEDICAL SERVICE (EMS).

    Expenses $99,990

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Eileen Egan

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Susan Fox

    VICE CHAIR

    Total calculated
    $4,618,174
    From this org
    $0
    From related orgs
    $4,053,330
    Other
    $564,844
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,992,685 related
    Bonus
    $0 + $1,670,000 related
    Other
    $0 + $390,645 related
    Deferred
    $0 + $533,000 related
    Nontaxable benefits
    $0 + $31,844 related
    Filer's total
    $0 + $4,618,174 related
  • Derek Anderson

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Paul Dunphey

    SECRETARY

    Total calculated
    $1,334,846
    From this org
    $0
    From related orgs
    $1,226,482
    Other
    $108,364
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $696,800 related
    Bonus
    $0 + $429,653 related
    Other
    $0 + $100,029 related
    Deferred
    $0 + $53,605 related
    Nontaxable benefits
    $0 + $54,759 related
    Filer's total
    $0 + $1,334,846 related
  • Michael Fosina

    FORMER TREASURER

    Total calculated
    $564,827
    From this org
    $0
    From related orgs
    $526,606
    Other
    $38,221
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $526,606 related
    Deferred
    $0 + $19,858 related
    Nontaxable benefits
    $0 + $18,363 related
    Filer's total
    $0 + $564,827 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINES 4A-B
MICHAEL FOSINA, FORMER TREASURER, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $526,606 INCLUDED IN HIS 2023 W-2 FROM NEW YORK PRESBYTERIAN HOSPITAL. SUSAN FOX PARTICIPATES IN A 457F PLAN THROUGH WHITE PLAINS HOSPITAL MEDICAL CENTER. SHE RECEIVED A TAXABLE DISTRIBUTION PAYMENT IN THE AMOUNT OF $375,000 IN 2023. IN ADDITION, THE HOSPITAL MADE A CONTRIBUTION OF $500,000 ON HER BEHALF.
SCHEDULE J, PART II:
THE OFFICERS LISTED ON PART VII AND SCHEDULE J OF THE STELLARIS FORM 990 DO NOT RECEIVE COMPENSATION AS OFFICERS OF STELLARIS, BUT AS OFFICERS OF THEIR RELATED HOSPITAL ORGANIZATIONS. THIS COMPENSATION IS PAID SOLELY BY RELATED ORGANIZATIONS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443199349315249

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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